Mazeltov Corporation issued $100,000 3-year. 10% stated rate bonds on January 1, 2004. The bonds pay interest semi-annually and were sold when the market rate was 8% Calculate the issue price of the bonds. Prepare an amortization schedule for the bonds (use the table below): Payment Date Carrying Value, beginning Cash Interest Interest Expense Amortization Carrying Value, ending 6/30/04 12/31/04 6/30/05 12/31/05 6/30/06 12/31/06 Record the interest expense entry for the 6/30/05 interest payment Accounts Debits Credits